Rising costs and price pressures set backdrop for milk conference

A CONFERENCE will be told in Dublin on Thursday that production costs were four cent per litre higher and profit three cent per litre lower on liquid milk farms compared with the average spring milk farm last year.

The annual Teagasc liquid milk conference will take place against a backdrop of rising feed costs and pressure on prices

Teagasc analysis shows the price of inputs such as feed and fertiliser has risen substantially over the past year, hitting liquid milk producers hard as they tend to have higher input systems because of the out of season nature of the business.